Xanadu

Photonic quantum computing and the PennyLane open-source ecosystem.

PhotonicSeries C PrivateToronto · Founded 2016

▼ 2.1

#3 of Photonic

Score breakdown

Funding momentum 40%51

€95m Series C, Nov 2022.

Patents 25%79

79th percentile within Photonic.

Talent 20%60

~210 employees.

Research 15%92

92th percentile within Photonic.

Funding history

Series C€95m

Nov 2022 · Led by Georgian

Signals

Xanadu Expands US Operations With Albany Quantum Hub

10 days ago · GDELT (global news) ↗

+0.2

Neural atom quantum computing roadmap how laser - cooled trapped atoms could pave the path beyond physical qubit counts

11 days ago · GDELT (global news) ↗

+0.2

Xanadu to Report Second Quarter 2026 Financial Results on August 5th , 2026

12 days ago · GDELT (global news) ↗

+0.2

Canada and the quantum future : From ultra - precise sensors to unbreakable communications

15 days ago · GDELT (global news) ↗

+0.2

Headcount down 2% over 6 months — watch flag

22 days ago · ATS job boards ↗

-0.7

Research: Measurement-Efficient Variational Quantum Linear Solver for Carleman-Linearized Nonlinear Dynamics

2 months ago · arXiv ↗

+0.3

Research: A Unified Hardware-to-Decoder Architecture for Hybrid Continuous-Variable and Discrete-Variable Quantum Error Correction in LiDMaS+

3 months ago · arXiv ↗

+0.3

Research: Integrating Quantum Software Tools with(in) MLIR

7 months ago · arXiv ↗

+0.3

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Sources: Dealroom · EPO · USPTO · arXiv · Company filings — Updated weekly · ▼ 2.1 (30d)